The Price Schedule at Full Capacity Prices established for production year 2008 for any Component the specifications of which have been agreed upon by the parties (which, at a minimum, will include the wind turbine blade specified in Buyers [......] will become the Baseline Price Schedule for such blade model, subject to revision as described below. If material costs [......] over the following year from the levels stipulated in the Bill of Materials for such blade model governing the Baseline Price Schedule, then the Price Schedules for Components for the following year will be [......] of any such cost [......] to Buyer as an [......] in the price of Components. If material costs [......] over the following year from the levels stipulated in the Bill of Materials for such blade model governing the Baseline Price Schedule, then the Price Schedules for Components for the following year will be [......] of any such cost [......] to Buyer as a [......] in the price of Components. For purposes of measuring [......] in material costs as compared to the Baseline Price Schedule, such costs will be calculated assuming production at the Planned Capacity level, and [......] in material costs that result from [......] in the volume of purchased Components as compared to the Bill of Materials for such blade model governing the applicable Baseline Price Schedule will be [......] to Buyer.
Price Schedules means the price schedules, prior to the application of any sales, use, transfer value-added or similar taxes, for each Component to be delivered in the following calendar year [......] Planned Capacity level. The initial Price Schedules for the wind turbine blade specified in Buyers drawing number [......] and for the wind turbine blade specified in Buyers drawing number [......] of Planned Capacity level, shall be the sum of (i) the total cost of the Bill of Materials for the wind turbine blade specified in Buyers drawing number [......] or for the wind turbine blade specified in Buyers drawing number [......] (as the case may be), each of which has been delivered by Seller to Buyer on or before the Effective Date and shall be revised pursuant to the third paragraph in this definition within [......] of receipt of the 2008 Annual Purchase Forecast, plus (ii) RMB [......] and such resulting [......] as such [......] as set forth herein, are referred to herein as the [......]. For 2008, the [......] for the wind turbine blade specified in [......]. For 2008, the Full Capacity Price for the wind turbine blade specified in [......]. The Price Schedules at [......] Planned Capacity level will be calculated by [......], and the Price Schedules [......].
Beginning in October 2008, Baseline Price Schedules will be reset annually for the following production year by (i) first, increasing the current Baseline Price Schedule for any proportionate increase in material costs or proportionate decrease in such costs shared with Buyer, in each case as described in the immediately preceding paragraph, and [......], then decreasing the current Baseline Price Schedule after adjusting for [clause (i) above] by [......], and provided further that the Baseline Price Schedules established for production year 2009 for the wind turbine blade specified in Buyers drawing number [......] shall not include [......]. An initial Baseline Price Schedule will be established at the time each new blade design and related specifications are approved and priced by Seller, [......].
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